June Fed Meeting

The June Fed meeing is uppon us. The market is oversold, and we are going into the "best 7 days" of the month. And, according to the Stock Traders Almanac, we are about to start the summer ralley in the Nasdaq. So, I am going 100% long large cap growth.

On the angel front, Johns Christian Shop has closed in Lake Zurich. So, that should help us this fall. One of our very popular bereavment pieces is the "if tears could build a stairway" piece.

A gift

I had planned to sell down to 50% yesterday, but my friend Chuck pointed out that we were oversold. So, I decided to stay in another day, as this is Options Expiration Week, and the markets can be volatile.

So, it looks like everything we lost yesterday is being given back today. So, with this gift, I will sell out and go to 100% stable value today.

Enjoy your Fathers Day. TTFN, Don

Hurricane season

Happy June 1st, the start of hurricane season.

I have been absent for a while. But, fortunately for me, I was 60% invested last week, and 100% invested this week in disciplined equity, which tracks the S&P 500. I intend to stay in at least thru next Friday. I think I will adopt a new sell strategy. If, by watching the MACD, we are clearstation neutral, I will sell 10% every day. If we become clearstation green again, I will return to 100% long. I will go to all cash when we become clearstation red. We will see how that works.

This is our second week of summer hours at the angel shop. Last week, our sales were up over year ago levels. So far, none of our customers have complained.

TTFN, Don

New all-time high in S&P 500

Intraday today, we have reached an all-time new high on the S&P 500. So, I am going to start committing funds. Today, I have put 5% into the diciplined equity fund, which closely tracks the S&P 500, as far as I can tell. TTFN. Don

Bus trip

We had a mystery shopping bus come yesterday morning. It was exciting having 54 people in the shop at one time.

On the investing front, the Dow continues to go up, and the R2K continues to go down. The S&P 500 is up slightly. Regardless, I am very happy sitting in cash for now.

Seperately, my daughter pitched an exciting game last night for Montini. Her team won 1 - 0. They ended the regular season in second place. I am very proud of her.

Out 2007

Well friends, our Internet sales were very nice this season for Mother's Day. But, our in-store sales were down compared to last yer. So, tomorrow, we become an Internet store with limited hours open to the public.

I recommend to all to get completely out of the market for now. The seasonal sell is definitely on.

TTFN, Don

Selling more

I have been selling half of my remaining holdings in the R2K fund each day that the market was up. I am currently only 13% invested. On the first down day, I will go to 100% cash. And, it looks like today will be that day.

On the angel front, business is very good. Mothers Day is the second-busiest season of the year for us. Sales are up 25% over the same month a year ago. After Mothers Day, summer is a very slow time. So, we are restricting our showroom hours so that we too can enjoy the summer.

TTFN, Don